Adapted from Elliott Chaze's noir novel of the same name, the project takes focus on an ex-convict who stages a daring armed car robbery in Colorado with the help of a call girl whom he picked up in a backwoods Mississippi motel.

"I've always been intrigued by noir novels and noir films. I love that style," Wood admitted. "And to unearth something from that era that hasn't been made into a film or is not a remake is really exciting. It's a lost classic."

While no director attached yet, it is confirmed that writing duo Barry Gifford and Christopher Peditto are both onboard to work on the script with an eye to enter production later this year. Meanwhile, Wood is said to have no plan to take any starring role in the film.